GBPJPY: Heres to all the short term traders!Hey gang! Genesis here!
Found an Ascending Triangle on the Daily chart for the GBPJPY pair and if you look here closely on the 4H chart, price is hitting the trendline soon! One thing I really love about trading the insides of a pattern, is because they the entry and exits are so predictable!
What influenced my decision:
-Stochastics Divergence (oh, this is a strong one)
-Trendline support (Ascending triangle)
-Weakening price (look at it, price has been declining so fast and recently in about the last 6-7 bars, its been small tiny bars)
Exit at the major resistance at the top!
Good luck guys! May the pips be with you!
Buy-signal
GOING LONGHere I've drawn up the fib retracement.
Swing Low to the Swing High.
Retracements are normally more responsive for a stong reversal at .618
Go Long.
Strop Loss would be at the nearest structure which is at . 154.466
I placed my TP at 155.155 because the resistance right their is very strong look to the left and you will see structure.
AUDUSD Potential Long SignalWith AUDUSD being in a strong bullish uptrend since the start of 2016, as shown in the image below, we are only looking to play this pair to the upside.
We will continue to hold this long bias until we significantly close below .74.
In order for us to get a signal to go long on this pair we will need to see price action break above and close above the red short-term trend line that is acting as resistance on the hourly chart. We will also need to see confluence from our price action forecasting algorithm predicting a move higher with a percentage of 85% or higher.
Currently our algorithm is predicting a continued move to the downside, but then sharply reversing to the upside with a forecast predicting chance of 87%.. we will continue to monitor price action and our algorithm for forecast updates and will notify you if we execute a long position. See the below image for our algorithm's forecast for this pair.
i.imgur.com ]
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AUDUSD Potential Long Signal UpdateTRADE UPDATE
Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break above and close above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the upside with a chance prediction of 85% or higher. Currently our algorithm is predicting a slow movement to the upside with a chance prediction of 87%, but we will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
i.imgur.com
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
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AUDJPY Potential Long Signal UpdateTRADE UPDATE
Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the upside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 70%, we will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
i.imgur.com ]
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
NZDUSD Potential Long Signal UpdateTRADE UPDATE
Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break above and close above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the upside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the downside, but not much and it is forecasting it in an exhausted state, with a chance prediction of 83%. We will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
i.imgur.com ]
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
AUDJPY Potential Long SignalBeing highly correlated to AUDUSD , AUDJPY has also been in quite the uptrend. It appears to be a bit more choppy and indecisive as compared to AUDUSD , but overall it is very bullish. We are looking to play a potential long on this pair if we see price action break above and close above the current trend-line resistance on the hourly chart in confluence with a prediction of a move to the upside from our forecasting algorithm with a percentage chance prediction of at least 85%. In addition we would like to see retail sentiment move to -1.50% or more as it is currently +1.15%. The occurrence of all three of these conditions at the same time will present a very high probably set up for us to get long so make sure you are following to receive updates if we end up taking this long.
Our proprietary algorithm is currently predicting a move to the upside once breaking out of the trend-line resistance with a forecasting prediction of 83%, as seen in the photo below. This is setting up quite nicely and we will monitor the set up to see if we get an official signal. Make sure you are following to be updated!
i.imgur.com
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
Tune in to our daily live market reviews @ 4:30 P.M. EST on Periscope @ Unique4xPro
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the NNVC if it trades at 2.74 or higher. If triggered, place your stop at 2.20 and exit the position for a profit at 3.15 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
Simple Trading Techniques – Pullback Candlestick StrategyGo long the SNR if it trades at 9.91 or higher. If triggered, place your stop at 9.40 and exit the position for a profit at 10.27 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.youtube.com
POTENTIAL CYPHER! - HIGH REWARD RATIO! 8 + - PATTERN IN PATTERN Good Day,
There is a potential Cypher pattern forming over EUR-USD, 60m
If price retraces at 1.272 / 0.786, Could be an opportunity to buy.
Fibonacci bouncing in 0.382 & 0.618 retracement areas.
Small pattern formation in the bounce area also could signal downwards movement.
Have a nice day!
All the best in your trading,
CharlieFX